Technological advances are transforming not only product complexity and delivery but the shape of the financial services industry itself. The board's understanding of AI and new technology—and the risks and opportunities it brings—needs to expand accordingly.
Paul Randolph, barrister, professional mediator and expert in the psychological traits of conflict, examines the mindset of those who become entrenched in damaging boardroom disputes, and offers his expert tips on how to resolve matters quickly.
Boards of banks face an increasingly broad array of responsibilities when managing foreign subsidiaries, ensuring the parent company has control and oversight without sacrificing independence or creating a culture of complacency.
Boards could take the opportunity to turn transparency to their advantage. A penetrating light is being shone on the tax affairs of multinational entities—but tax transparency will encompass all businesses in time.